Hertz Network Telegraph no. Good evening Hertzers. This so-quick Telegraph is due to a very quick work from our devs.
20 Jul 2022, 19:34
Hertz Network Telegraph no.0018
Good evening Hertzers!
This so-quick Telegraph is due to a very quick work from our devs!
The staking procedure, in fact, has been revamped and already went live on HertzSwap!!!
The mechanics are the followings:
The procedure is automatic! No need to claim and stake anymore!🥳
Every 24H the staking reward maturated in the day, will be automatically claimed and restaked by the system!
All you need to do is to deposit or withdraw the desired amount.😎
ATM the rate of rewards is 1,699,000 HTZ/day globally. That rate will get to 1,700,000 HTZ/day for the beginning of the next month, as the related contracts stabilize themselves.
The APY has been set to 10% that means a roughly 0.027% daily. (actually 9.9% due to what mentioned above)
For the future mind that the APY will naturally decrease as more people will stake more WHTZ ... so the sooner you stake the more you gain!😜
From now on, have fun in seeing your HTZ funds growing!!!
To the next Telegraph Hertzers!!🤟🤟🤟